@marcus335 might have an idea. I know california has a ticking bomb that’s the pension crisis. I also recently learned oregon is in a similar boat:
Is there a way to make money off of this? Something like the “credit default swaps”, or something to short?
I am not willing to make a huge bet, as california would rather raise taxes than to default on it, but it fascinates me to learn about these financial instruments (and seeing how far these derivatives go is also keeping me awake at night sometimes).
And please don’t say “short bay area real estate” - we know how that goes